Member Info for MasksNewNorm

Gold Forecast for 2021

Low: $1,820.00/oz

High: $2,300.00/oz

Average: $2,072.00/oz

Gold closed the year over 24% higher. We expect 2021 to be another bullish year. While the global economic recovery shows some positive signs, we will continue to face uncertainties especially in the first half of the year. In the context of low global real interest rates, a slow recovery in growth, higher market volatility and a weakening USD, gold shall remain an asset of choice in investors’ portfolios as a safe heaven and insurance against disruptions. More inflows into ETFs and increased physical demand, especially towards the second half of the year, shall comfort the upside trend.

We expect gold to hit a new all-time high at 2,300.00 USD/Ounce.

Silver Forecast for 2021

Low: $22.00/oz

High: $40.00/oz

Average: $32.50/oz

Silver was the top-performing precious metal closing the year at over 47% higher. We expect the silver price to climb further in 2021 as gold is set to move higher. Some Gold/Silver ratio play may result in speculative silver buying accelerating the upside trend momentum. The expected mild global economic recovery in the second half of the year, could further benefit silver industrial demand, particularly in China.

As we expect gold to move towards new all-time highs, investors might be tempted to diversify into silver. 2021 could be another volatile trading year for silver.

We see silver averaging 32.50 USD/Ounce and to peak at 40.00 USD/Ounce in 2021.

https://www.goldavenue.com/en/blog/studies-research/precious-metals-forecast-for-2021?utm_source=newsletter&utm_medium=spotlight&utm_campaign=116&utm_term=en&vgo_ee=0gWgaTsI2uvyGlaimX79%2FUzkASpiHornD%2Fz2wZTd1jg%3D

Ultimately it’s all about the upside the likelihood of it being realised. OMI has all the ingredients you would wish for. Low 30m cap. No debt. 6m due to be 10m in the bank and a very careful CEO sitting at the top table with Newmont and Agnico so will have very strong contacts. No1 and No8 in the world have the pick of the bunch and they are funding what OMI has and keeping them sweet. Great deal imo. Easy worth the hold.

As always only when an sp is rocketing do traders jump in but situations like OMI find themselves in will win in the end as the cream rises to the top you have no option but to join in and get your slice of the action.

Should be huge upside with patience.

Cap today equals what the majors are funding operations so nothing is priced in not to mention OMIs cash balance and the big one No Debt.

Brad isn’t a ramping CEO unfortunately for traders. He is careful with his own cash and this reflects in his running of OMI. He runs it very efficiently. Imo the stock he has bought is his version of him high rolling which is a strong statement of belief in what they are sitting on considering how careful he is.

I reckon he is more content being in charge of a career defining discovery which will incidentally make him rich as oppose to simply using his company as a cash cow life style company.

Conservative in his approach with a. Conservative lifestyle. I support him and my money is on Newmont and Agnico liking what they have.

Actually only 30m cap currently. No financial issues or dilution worries.

Newmont and Agnico are 100% committed funding 30m operations. No cost to OMI and derisked through current Apta results.

Omi 6m in bank and no debt. Newmont and Agnico due to carry forward to phase 2 giving OMI more cash.
Decision to expand operations further afield again is already made so they have already committed operationally which is what we needed.
Game on
Cap 35m massive upside just a bit of patience

More likely than* not.

Also Investors prefer a non rampy CEO.

Newmont and Agnico are invested 100% that’s good enough for me. Only GGP and SOLG have this major support and compare the caps to OMI.

Massive potential upside which is more likely that not.

Managed the bottom for a top up 15.75. Let’s see. Fundamentals and TA all pointing to the positive. Hopefully last of the Loryser stock coming through and then we can rerate north.

The main difference is OMI wasn’t proven when it lost 50%. That has now changed.

You have your MO star. That’s like saying you don’t deramp but you have your ways. Don’t deny it.

Posting research and facts based on a company you hold is fine. Your approach is a bit more underhand pretending you hold etc but that’s your MO

Gotcha Star. That must explain why you ramp GGP I take it. Ah well.

Yep as per the prezzo and brads statement they are fully funded with strong cash balance. Anza fully funded by majors and any further JV will only come inside budget etc.

Let’s put it this way. GGP share holders have been diluted from a few hundred million shares to 3.9bn.

Back in the day ggp had circa 300m shares it now has 3.9bn. If you were holding back in the day you would have been diluted and lost value through dilution after dilution. So as the market cap has risen the sp had fallen.

Newcrest coming to the party had given it the results to rise otherwise the dilution would have continued, and bare in mind they have still placed albeit at a lesser frequency along the way even with Newcrest being involved

Omi today 188m shares and fully funded no debt and 6m in the coffers with no threat of dilution complements of Newmont and Agnico.

Star we appreciate your angst that potential investors will see OMI as a more viable option for greater upside compared to GGP from their current caps which is backed up by Brads comparison to GGP now that APTA has derisked Anza.

Sometimes you have to accept facts and stop dreaming. Your angle worked until Anza was derisked. Now it’s time to balance the PF and capitalise on the most obvious upside.

Understandable if you are over exposed and probably underwater in Ggp but you can’t expect others not to see what is best for their PF and the obvious choice to make.

Only 188m shares 6m in the coffers no debt and due another payment from Newmont and Agnico. No funding required from OMI for Anza as all bills are covered by the majors.

Very strong position with HUGE upside. Even you should be able to see this.

GL.

35m cap with 188m shares in issue will move north rapidly compared to a £700m cap and 3.9bn shares in issue. If you can’t figure that out you are either bluffing or clueless.

OMI would have to place many many times to reach 3.9bn shares in issue. This isn’t going to happen as Newmont and Agnico are paying all the bills.

Derisked operationally and financially.

X20 less cap and X20 less shares in issue.

Nice round figures and massive upside now derisked.

That is X20 less volume needed to move OMI compared to GGP.

World class derisked new discovery for £35m cap backed and fully funded by Newmont and Agnico

HODL

Remember star ****e is very protective of GGP so Brad giving a comparison to it now Anza is derisked will have had stars slightly concerned.

Look at the upside OMI has for parity.

£35m cap v £700m GGP cap which is down from £1.4bn cap so 50% down and the last he will want is people seeing the upside OMI has

Not to mention 188m shares in issue v 3.9bn

So X20 more shares in issue and X20 more shares in issue. Ie 20 bags to match the cap of GGP and due to there being X20 less shares in issue OMI can reach that level much much quicker.

Ideal for traders and investors alike.

The volume needed to move GGP is immense compared to the small amount for OMI.

HODL

Further JVs may be announced you’ll have to wait and see.

Happy to hold and buy any weakness.

Instis will start to take an interest now Brad says APTA has derisked Anza. which will only grow in size with the rig they have left behind.

Plus there is a back log of cores are being processed.